Session 1

Nature Restoration and Viodiversity

La taxonomía europea de finanzas sostenibles es una nueva clasificación de las actividades económicas que contribuyen a los objetivos medioambientales de la Unión Europea, tales como mitigar y adaptarse al cambio climático.

What will we talk about in this session?

The Nature Restoration Act is a key pillar of the European Green Deal, which aims to achieve climate neutrality in Europe by 2050. The main goals for the European Green Deal are: reduce greenhouse gas emissions by at least 55% by 2030, boost renewable energies, improve energy efficiency, promote a circular economy and protect biodiversity.

As the European Commission highlights, more than 50% of the global economy depends on natural resources, which are vital for sectors such as construction, agriculture, food and health. Moreover, biodiversity is essential for food security, as more than 75% of crops depend on pollinators. However, current agricultural practices are degrading the environment, being responsible for up to 80% of deforestation and 70% of freshwater consumption, threatening biodiversity.

The adoption of this law in the EU represents an investment in a sustainable and resilient future, aligned with climate and biodiversity objectives, and seeks to ensure a balance between productivity and environmental sustainability.

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The gradual introduction of CBAM is in line with the phasing out of the allocation of free allowances under the Community Emissions Trading Scheme (ETS) established under Directive 2003/87/EC to support the decarbonisation of the EU industry.

Program

Thursday, 4th July 2024

SESSION 1 PROGRAM

LANGUAGE: SPANISH – ENGLISH. SIMULTANEOUS INTERPRETATION

European University of the Atlantic

C/Isabel Torres, 21 - 39011
Santander (España)
See location
  • 09:00 - 10:45h Keynote Speech

    - Mr. Andrei Marcu, Director at European Roundtable on Climate Change and Sustainable Transition (ERCST).

  • 09:45 - 10:30h Keynote Speech

    - Ms. Irene Vergara, Technical Advisor at the Sub-Directorate General for Carbon Markets, Spanish Climate Change Office (OECC), Ministry for Ecological Transition and the Demographic Challenge.

  • 10:30 - 11:00h Panel discussion

    - Ms. Ariadna Arola, Chief Research and Development Officer, Arola International Trade.
    - Mr. Dan Maleski, CBAM Lead, Environmental Markets Advisor, Redshaw Advisors Ltd.
    - Mr. George Riddell, Director of Trade Strategy at EY.

    Session moderated by Ms. Núria del Pozo, Legal Manager of the Fundación Privada Empresa & Clima.

  • 11:00 - 11:40h Networking coffee break

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